The time has come for banks to contest everything

Since a while ago, as challenger banks and bigtechs erode the value chain, the banking sector has been delayering and fragmenting. Although this “neo-normal” has provided some opportunities for cooperation, it has also given banks a clear choice: continue to invest in technological innovation or risk losing their ability to compete.

However, this goes beyond only digital change. We think the time has come for banks to question their ingrained norms and beliefs since market share and revenue are migrating from the banking industry to other industries, particularly bigtech. They must have a thorough understanding of their markets and what it takes to thrive in each one if they are to maintain their relevance. They will need to be prepared to create novel business models, collaborate in unorthodox ways, find their humanity and purpose, and pledge to continuously innovate.

Absyntech is here to support you as a strategic partner, not as a vendor. Bringing technological know-how, a global vision, and the capacity to perform, while sharing the risks and profits. Using industry-leading tools and solutions, flexible architecture in the cloud is made possible. use technology to extract value from your data and produce outstanding customer experiences. Affirming our commitment to technology and human innovation while putting our reputation on the line next to yours.